The Money Laundering Act conceptually declares digital crytpo-currency mining, usage, and holding an act of money laundering and counterfeiting, particularly in regards to Federal Reserve Notes maintaining their fictitious Valueless Perception of Worth. Requiring the registration of all digital currency holdings and transactions in the U.S. is an attempt to brazenly legalize (fictionalize) the all digital currency networks under the “legal jurisdiction” of a criminal government. After the United States succeeds, all UN Member Nations interested in continued debt slavery could act to implement such measures, in kind. It is a power grab of the Commons by the United States Corporation over a Constitutionally First Amendment Protected Freedom of Speech Medium (digital currencies) and non-legal trade that governmental corporations cannot control nor profit from (with debt mechanisms).

The “Terrorist Financing” label being used by US Senators was to undermine all legitimate commentary on the topic. Indeed, the Act itself is an act of terrorism upon the Digital Commons and Digital Rights. It is a usurpation of value, rights, and property. The Act violates legal precedence in converting a basic digital right into a “license”, regardless of fees, to outright ban digital currencies. The Money Laundering Act only points out the laundering of worth via valueless debt by the Federal Reserve and seems to merely be an attempt to protect the unlawful DEBT-AS-MONEY Racketeering of Central Bankers.

The goal is to “regulate bitcoin and virtual currencies.” However, there is nothing “legal” about virtual currencies. Digital Currencies are entirely NON-LEGAL and only LAWFUL. The NY-DFS has been sneaky about it too:

A business must obtain a BitLicense if it engages in virtual currency business activity involving New York State or persons that reside, are located, have a place of business, or are conducting business in New York.

Should we make homelessness against the law and simply throw all homeless people into prison so that we don’t have to deal with them? Incredibly, this is actually starting to happen in dozens of major cities all across the United States. It may be difficult to believe, but in many large urban areas today, if you are found guilty of “public camping” you can be taken directly to jail. In some cities, activities such as “blocking a walkway” or creating any sort of “temporary structure for human habitation” are also considered to be serious crimes. And there are some communities that have even made it illegal to feed the homeless without an official permit. Unfortunately, as the U.S. economy continues to slow down the number of homeless people will continue to grow, and so this is a crisis that is only going to grow in size and scope.